Can Idemitsu Kosan Generate Enough Cash From Oil to Fund Transition?
Andrew Stolz
JANUARY 28, 2022
By 2030, the company plans to increase its renewable capacity to 4 Gigawatt from currently 0.2 Its net-debt to equity ratio stood at 0.9x Historically, Japan has a very low risk-free rate. CAPEX budget for the next 3 years is JPY550bn+, which is much higher than the past. Balance sheet – Idemitsu Kosan.
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